SpaceX in Talks to Raise Fundings at an over $150 Billion Valuation

The discussed investments are forecasted to raise the current valuation of $125 billion up to $150 billion. Shares are considered at $85 apiece. “Investors may buy new shares in SpaceX at the same time employees sell via a private placement, or tender offer, at the same valuation,” according to people familiar with the deal.

SpaceX is an aerospace manufacturer and space transportation and communications services corporation. The company’s goal is to reduce space transportation costs and enable Mars colonization. Among the company’s products are Falcon 9, Falcon Heavy launch vehicles, Dragon cargo, and Starlink communications satellites.

SpaceX, the USA, was founded by Elon Musk in 2002. In 2008, the first Falcon 1 was launched. Falcon 9 and Dragon cargo were launched in two years. In 2020 the first private space vehicle Crew Dragon was launched with 2 astronauts on board. Last year the company presented the Starship prototype, it became the highest rocket in the world. SpaceX serves private sector customers and government agencies such as the National Aeronautics and Space Administration, by sending them to orbit. Moreover, it is the first company that offers private space tourism for civilians.


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